Case Study 1: Deductible Educator ExpensesTracy is a 5th and 6th grade teacher who works full-time in a year-round school. She had 1,800 hours of employment during the tax year. She spent $262 on supplies for her students. Of that amount, $212 was for educational software. The other $50 was for supplies for a unit she teaches 6th graders on health. What expenses can she deduct? Click here for an explanation. Only the $212 is a qualified expense. She can deduct $212. Expenses that qualify include books, supplies, equipment (including computer equipment, software, and services), and other materials used in the classroom. Expenses that do not qualify are home schooling, nonathletic supplies for physical education, or health courses. |